Today during the tokyo session we saw bullish movement in this energy resource.During the FOMC statement we also saw same bullish moves movement which give indication that soon it will start strong uptrend.
Most likely Scenario :- Long above @30.53 with target 34.36 for further extension
Alternative:- Short below @30.53 with target 28.98 for further retracement.
RSI is still above the 50 level which gives bullish indication
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